Money

Property

Worthless currencies

Paraguayan Guarani

We all know that the pound is down against the Dollar and the Euro – but the world downturn has reached every corner of the globe.

From Cambodian Riels to Paraguayan Guaranis, find out which of the world’s wonderful currencies are the most worthless compared to the pound...

Paraguayan Guarani

In 1943, the original Paraguayan Peso was replaced by the Guarani. Bad move, for over the next sixty years things got so bad that by 2005, they had to print a 50,000 Guarani note.

This doomed note was consigned to the bin when the criminal fraternity got hold of so many of them that the launch was cancelled and the notes declared void. Then the whole currency was classified as worthless by its own central bank!

If you're wondering what your pound will get you, the current rate is about 1 Paraguayan Guarani to £0.000137034933.